The Stock is in Bullish Phase. The Bullish Phase occurs when there is an upside trend for the stock. The buyers are pushing the stock up.

The stock has retraced 1.7% from its recent high price of 44.38 which occurred on 10-Jun-2014. A close below 20-day moving average of 42.06 could mark high of 44.38 as recent high.

The closest support can be found at 40.14. The closest resistance can be found at 44.03. See Support/Resistance below for details.

How to trade MeadWestvaco(MWV)?

Breakout Trade: A close above the resistance level of 44.03 could trigger a buy signal. Confirmation would occur when the low of the day would be above 44.03.

Retracement Trade: Consider buy when the price retraces around 40.14 if you are aggressive. Alternatively, a conservative buy would be around 39.07.

Risk Management: Consider risking somewhere between 0.9225(2.12%) and 1.5375(3.53%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock.

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This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of MeadWestvaco is in the Bullish Phase. This indicates that the stock is in an uptrend. The buyers are attracted to the stock and are pushing MWV up.

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Short Term Trend:

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The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. MeadWestvaco(MWV) is currently strongly bullish.

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3 Day Money Flow:

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The money flowing for last 3 days in MWV has been congested with slight down trend. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator.

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